$980,000
SOLD SEP 30, 2020

40 Papoose Island Rd Raymond, ME 04071

3 Beds
2 Baths
2,274 Sq Ft
0.47 Acres

Recently Sold

$431 Per Sq Ft

22% Below List Price

195 Days on Market

Highlights

  • 166 Feet of Waterfront
  • Colonial Architecture
  • Cathedral Ceiling
  • Deep Water Access
  • Deck
  • Wood Flooring

About This Home

As of September 2021

Year round on Big Sebago . 166 feet of gorgeous, gradual entry, sandy frontage and an extra large lot. Wide open lake views from every room. Open floor plan will be perfect for entertaining your out of town guests. Expansive decking off of main floor master and dining/living rooms. Even more living space can be created in approx. 600 sq. feet of unfinished area on the main level or in the walk out basement. Cook dinner in the new kitchen with a spectacular view. Fall asleep listening to the call of the loons at night. Have your morning coffee on the new lakeside rock wall carefully engineered for over 150K. and watch the lake come to life every day. Feel like you are living on an island with the benefit of having causeway access. One of the best sites on the lake and not far from golf, skiing, restaurants, shopping, festivals and farmer's markets.

Last Agent to Sell the Property

Karen Tufts

Coldwell Banker Team Real Estate Listed on: 02/04/2020

Coldwell Banker Team Real Estate

Co-Listed By

Charles Tufts

Coldwell Banker Team Real Estate

Last Buyer's Agent

Tina Richardson

F.O. Bailey Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,600

Year Built

  • Built in 1984

Lot Details

  • 0.47 Acre Lot
  • 166 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Level Lot
  • Open Lot
  • Property is zoned shoreland

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Colonial Architecture
  • Saltbox Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,274 Sq Ft Home
  • Central Vacuum
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Heated Sun or Florida Room
  • Sun or Florida Room

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Jetted Tub and Shower Combination in Primary Bathroom
  • Secondary Bathroom Jetted Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

  • Home Security System
  • Storm Doors

Outdoor Features

  • Deep Water Access
  • Balcony
  • Deck
  • Enclosed Glass Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Hot Water Heating System
  • Power Generator
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Internet Available

Additional Features

  • Level Entry For Accessibility
  • Property is near a golf course

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number RYMD-000068-000000-000022

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,600

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Sebago
  • Co List Office Mls Id: 2120
  • Co List Office Phone: 207-892-1600
  • MLS Status: Closed
  • Directions: Route 302 to Hawthorne Rd. in Raymond, left on Cape Rd. left on Quarry Cove, right on Papoose, stay left at fork to 40 on left
  • Above Grade Finished Sq Ft: 2274.0
  • Architectural Style: Colonial, Saltbox
  • Garage Yn: Yes
  • Efficiency: Storm Doors, Double Pane Windows
  • Year Built: 1984
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.47
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2274.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Walk-in Closet17: Yes
  • Roof:Composition2: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Style:Colonial: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Room Features:Skylight32: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 166.0
  • Water Info:Water Frontage Owned -: 166.0
  • Recreational Water:Waterfront Deep: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Equipment:Internet Access Available: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Equipment:Generator: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Room Features:Built-Ins30: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Room Features:BalconyDeck17: Yes
  • Style:Saltbox: Yes
  • Equipment:Central Vacuum: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Sunroom Amenities:Four-Season: Yes
  • Bedroom Amenities 2:Cathedral Ceiling8: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Room Features:Separate Shower17: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Primary Bedroom Amenities:Jetted Tub6: Yes
  • Room Features:Jetted Tub17: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Bedroom 1 Amenities:Cathedral Ceiling7: Yes
  • Sunroom Amenities:Heated2: Yes
  • Bedroom Amenities 2:Skylight10: Yes
  • Bedroom 1 Amenities:Skylight9: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Accessibility Features: Level Entry
  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Pantry, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Near Golf Course, Rural
  • View: Scenic
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Glass Enclosed, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Stove, Multi-Zones, Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20473.2
  • Parcel #: RYMD-000068-000000-000022
  • Zoning: shoreland

Tax Info

  • Tax Annual Amount: 8600.0
  • Tax Book Number: 34247
  • Tax Lot: 22
  • Tax Map Number: 68
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Sep 28, 2021
Sold by
Richardson Tina L
Bought by
Hale Laurence N and Hale Jane C
Seller's Agent
Tina Richardson
Keystone Real Estate
Buyer's Agent
Sandra Wendland
Legacy Properties Sotheby's International Realty
List Price
$2,895,000
Sold Price
$3,500,000
Premium/Discount to List
$605,000
20.9%
Current Estimated Value
$2,486,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,013,725
Avg. Annual Appreciation
-8.19%
Original Mortgage
$1,500,000
Outstanding Balance
$1,367,860
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,118,415

Purchase Details

Listed on
Feb 4, 2020
Closed on
Sep 28, 2020
Sold by
Thomas John M and Thomas Lisa S
Bought by
Richardson Tina L
Seller's Agent
Karen Tufts
Coldwell Banker Team Real Estate
Buyer's Agent
Tina Richardson
F.O. Bailey Real Estate
List Price
$1,250,000
Sold Price
$980,000
Premium/Discount to List
-$270,000
-21.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
261.76%
Original Mortgage
$833,000
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 4, 2017
Closed on
Aug 21, 2017
Sold by
Martha Ann Thurlow T
Bought by
Thomas Lisa S and Thomas John M
Seller's Agent
Karen Tufts
Coldwell Banker Team Real Estate
Buyer's Agent
Karen Tufts
Coldwell Banker Residential Brokerage
List Price
$899,000
Sold Price
$889,000
Premium/Discount to List
-$10,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%
Original Mortgage
$666,750
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2008
Sold by
Thurlow Martha A
Bought by
Martha Ann Thurlow Mgmt T
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 Purchase Money Mortgage
Previous Owner $833,000 Purchase Money Mortgage
Previous Owner $666,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $3,500,000 +20.9% $761 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $2,895,000 +195.4% $629 / Sq Ft
09/30/2020 09/30/20 Sold $980,000 -21.6% $431 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $1,250,000 +40.6% $550 / Sq Ft
08/18/2017 08/18/17 Sold $889,000 -1.1% $391 / Sq Ft
07/10/2017 07/10/17 Pending -- -- --
07/04/2017 07/04/17 For Sale $899,000 -- $395 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,532 $844,900 $456,500 $388,400
2023 $13,434 $844,900 $456,500 $388,400
2022 $12,674 $844,900 $456,500 $388,400
2021 $9,016 $639,400 $456,500 $182,900
2019 $8,600 $639,400 $456,500 $182,900
2018 $2,714 $639,400 $456,500 $182,900
2017 $7,865 $639,400 $456,500 $182,900
2016 $7,737 $639,400 $456,500 $182,900
2015 $7,641 $639,400 $456,500 $182,900
2014 $7,545 $639,400 $456,500 $182,900
2013 $7,193 $639,400 $456,500 $182,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1443830

Maine Listings

APN: RYMD-000068-000000-000022